ROGERS, CT -- Rogers today reported fourth-quarter revenues of $78 million, down less than 1% from last year. The net profit was $7.1 million, up from $3.9 million a year ago.

Printed Circuit Materials sales for the quarter totaled $29.8 million, up 3.1% from 2008, on strong demand for high frequency circuit materials for satellite TVs, partially offset by weaker sales for wireless infrastructure.

The company's overall gross margin was 30.4% for the quarter, up from 27.4% a year ago.

For the year, the laminate maker had sales of $291.8 million, down 20.1%. Gross margins were down four points to 27.2%. The company's net loss was $62.9 million.

Robert D. Wachob, Rogers’ President and CEO, said, “The first quarter of 2010 has so far been stronger than expected as LNB sales in China continue at the fourth quarter rate. China Mobil has awarded the next round of TD-SCDMA contracts and our customers are buying high frequency circuit board laminate at a very rapid rate."

Rogers guided for first-quarter sales of $75 million to $80 million.